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Business Institutions

A collection of news and information related to Business Institutions published by this site and its partners.

Top Business Institutions Articles

Displaying items 12-22
  • Tougher capital rules proposed for 8 largest U.S. banks

    WASHINGTON — The nation's eight largest banks would have to meet tougher financial ratios than required under international standards as part of proposed rules designed to protect taxpayers from another financial crisis. Under the plan, Bank of...
  • Sen. Elizabeth Warren starts campaign to force banks to be boring

    WASHINGTON -- Sen. Elizabeth Warren has launched a campaign to make banks boring again as she pushes legislation to enact stricter regulations forcing deposit-taking financial institutions out of the investment business. The Massachusetts Democrat wants...
  • Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013

    Fannie Mae, Freddie Mac got $7.9 billion in bank settlements in 2013
    WASHINGTON --  Fannie Mae and Freddie Mac collected $7.9 billion from large financial institutions to settle suits over bad mortgage-backed securities purchased by the seized housing finance giants during the subprime housing boom, their federal regulator...
  • The housing market is still a drag on the economy--but why?

    Housing has stood out as the sick man of the U.S. economy in bad times and better times. For all its work on economic stimulus in various forms, the Obama administration has never been able to get its hands around a solution for the housing crash. That'...
  • Ukraine-Slovakia gas deal is first step out of dependence on Russia

    Ukraine-Slovakia gas deal is first step out of dependence on Russia
    Ukraine and Slovakia signed a natural-gas transport deal Monday in what European officials hailed as the first step toward reducing Ukraine's heavy dependence on Russian supplies that are now more costly and at risk of being cut off as hostilities...
  • Fairwinds Credit Union customers cope with online-banking outages

    Fairwinds Credit Union customers cope with online-banking outages
    Fairwinds Credit Union's online banking turned into an on-again, off-again system for more than a month recently, frustrating customers for hours at a time as they tried to access their accounts and conduct transactions. "Down again? What is going on...
  • Federal Reserve nominee Stanley Fischer defends Citigroup tenure

    Federal Reserve nominee Stanley Fischer defends Citigroup tenure
    WASHINGTON -- Stanley Fischer, the former Bank of Israel president nominated for the Federal Reserve's No. 2 job, defended his work on Wall Street and told senators at his confirmation hearing Thursday that he understood the effect of economic problems on...
  • Mexico becoming a driving force in auto production

    Mexico becoming a driving force in auto production
    The first Honda Fit rolled off the assembly line Friday at a new $800-million factory near Celaya, Mexico, a symbol of the growing might of the country's auto industry. Honda's U.S. factories spit out hundreds of thousands of Accords and Civics each...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

    Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate “cloak-and-dagger” methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets...
  • Senate probe accuses Swiss bank of helping rich Americans evade taxes

     Senate probe accuses Swiss bank of helping rich Americans evade taxes
    WASHINGTON — A Senate subcommittee investigation accused Swiss banking giant Credit Suisse of using elaborate "cloak and dagger" methods to hide the accounts of 22,000 wealthy American citizens with a total of up to $12 billion in assets from U.S....
  • Long road to a deal for 1st Mariner purchasers

    Long road to a deal for 1st Mariner purchasers
    The deal to buy 1st Mariner Bank started with an irresistible offer — to two men who had nothing to do with the company. Howard Feinglass, a Baltimore native running a New York investment firm, saw potential in the struggling bank headquartered...